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National / General Business / Finance Cinema / Films Diaspora Education Entertainment Features Sports Tourism
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National / General Business / Finance Cinema / Films Diaspora Education Entertainment Features Sports Tourism
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INDIA - General News
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Putin arrives in India, to ink big defence deals Updated - 12/3/2010 - ibnlive.com.
Russian Prime Minister Vladimir Putin arrived in New Delhi on Thursday night for 22-hour visit during which India and Russia are expected to sign deals worth $10 billion and also finalise policies on the way forward on Afghanistan. Putin will build on a relationship he revived in the post Boris Yeltsin era and eyeing space, energy and defence contracts, which have been Russia’s traditional strengths. The Russians are expect to signed up to 15 agreements worth $10 billion. Setting a positive tone for Friday’s talks, India’s Ccabinet Committee on Security cleared the $2.35 billion fresh price for the Admiral Gorshkov. The long-delayed renegotiated pact for the carrier, renamed INS Vikramaditya, is among the defence deals that the two countries will sign. Both the countries will also sign an umbrella civil nuclear deal. India is likely to buy an additional 29 more MIG-29K fighters for the Navy. Both the countries will also finalise the deal to jointly develop a fifth generation fighter and a transport aircraft.
ibnlive.in.com/news/putin-arrives-in-india-to-ink-big-defence-deals/111418-3.html
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